Description
Book SynopsisThe contributors to this book provide a cross-national comparison of venture emergence, newness and growth. Their chapters examine the influences of cultural, social and economic factors on venture development, compare the approaches of entrepreneurs who move from idea to emerging organization, and investigate acquisition and development of resources in growth and performance. The authors consider important issues in new ventures research such as technology commercialization, management team development, and influence of equity funding. While its particular focus is on Norway and the US, the book offers broad and intriguing contributions with regard to the emergence and growth of knowledge based firms in developed economies, and has implications for both direct and indirect government policy with regard to stimulating the formation and development of knowledge based firms.Scholars and students of entrepreneurship, international studies and economics, policymakers, international business experts and economic development specialists will find this rigorous analysis of the utmost importance.
Table of ContentsContents: Introduction Candida G. Brush, Roger Sørheim, L. Øystein Widding and Lars Kolvereid PART I: CONTEXT 1. Entrepreneurship and Conditions for Entrepreneurs: Norway and the USA Compared Erik Noyes, Bjørn Åmo and I. Elaine Allen 2. The Context for Entrepreneurship Mark P. Rice and Timothy Habbershon PART II: EMERGENCE 3. The USA and Norway: Empirical Evidence on Properties of Emerging Organizations Tatiana S. Manolova, Linda F. Edelman, Candida G. Brush and Beate Rotefoss 4. Models for Government Support to Promote the Commercialization of University Research: Lessons from Norway Einar Rasmussen and Mark P. Rice 5. A Longitudinal Study of Community Venture Emergence through Legitimacy Building Ingebjørg Vestrum and Einar Rasmussen 6. The Link Between Open Innovation Policy and Entrepreneurship: The Case of Industry Incubators in Norway Tommy Høyvarde Clausen, Einar Rasmussen and Mark P. Rice PART III: NEWNESS 7. A Process Model of Venture Creation by Immigrant Entrepreneurs Evgueni Vinogradov and Amanda Elam 8. Decision-making Disagreements and Performance in Venture Capital Backed Firms Truls Erikson and Bradley A. George 9. Board Features Associated with New Team Member Addition in Academic Spin-offs Ekaterina S. Bjørnåli and Truls Erikson 10. Design Characteristics Associated with Venture Capital Acquisitions in Academic Spin-offs Ekaterina S. Bjørnåli, Roger Sørheim and Truls Erikson PART IV: GROWTH AND EARLY STAGE FINANCING 11. Exploring the Venture Capitalist/Entrepreneur Relationship: The Effect of Conflict upon Confidence in Partner Cooperation Truls Erickson and Andrew Zacharakis 12. New Business Founders: Perceptions About and the Use of External Funding Roger Sørheim and Espen J. Isaksen 13. Advice to New Business Founders and Subsequent Venture Performance Lars Kolvereid, Espen J. Isaksen and Hannes Ottósson Index